Netflix (NASDAQ: NFLX) shares were flying higher today after investors woke up to a full-throated endorsement from Goldman Sachs. Analyst Heath Terry raised his price target on the stock from $540 to $670, and once again said it was on his Conviction Buy list. With second-quarter earnings on tap next Thursday, Netflix shares have been rallying into record territory as analysts weigh in with mostly bullish calls ahead of the report. Read More...
Why Netflix Stock Was Surging Today
Netflix (NASDAQ: NFLX) shares were flying higher today after investors woke up to a full-throated endorsement from Goldman Sachs. Analyst Heath Terry raised his price target on the stock from $540 to $670, and once again said it was on his Conviction Buy list. With second-quarter earnings on tap next Thursday, Netflix shares have been rallying into record territory as analysts weigh in with mostly bullish calls ahead of the report.